BEIJING (Reuters) – A Chinese IT outsourcing company and an optical components maker are aiming to select investment banks in the next two weeks with the goal of making U.S. initial public offerings by as soon as the first half of 2010, one of their investors said on Monday. HiSoft, an IT outsourcing company in […]
The California Public Employees’ Retirement System (CalPERS) has agreed to commit $120 million to SAIF Partners IV, a fund that will focus on growth equity opportunities buyouts in Greater China and India. It also will make opportunistic buyout and early-stage VC deals. Hong Kong-based SAIF Partners was formed in 2001 by Japan’s Softbank, with Cisco […]
Odyssey Investment Partners has agreed to buy One Call Medical from TA Associates for an undisclosed amount. One Call is a Parsippany, N.J.-based provider of medical cost containment solutions.
Oaktree Capital Management has acquired a minority equity position in DoubleLine LLC, a Los Angeles-based investment advisory recently formed by ex-TCW chief investment officer Jeffrey Gundlach.
Real Estate Disposition LLC, a real estate auction company backed by Stone Point Capital, has agreed to acquire the retail title insurance agency platform of Pulte Homes Inc. (NYSE: PHM). No financial terms were disclosed.
Vitruvian Partners has acquired a majority stake in Callcredit Information Group from Skipton Building Society. No financial terms were disclosed. Callcredit is a UK-based provider of credit reference service and direct marketing solutions to financial institutions. It has over 600 employees and annual turnover of approximately £50 million. Marks Baughan & Co. advised Vitruvian on the deal.
Blue Horizon Foods, a provider of sustainable branded seafood products, has raised an undisclosed amount of growth equity funding. Greenmont Capital Partners and Renewal2 Social Investment Fund co-led the round, and were joined by Bradmer Foods. Presidio Financial Partners advised Blue Horizon on the deal.
AnaCap Financial Partners has agreed to acquire Banco Popolare Ceská Republika, the Czech subsidiary of Italy's Banco Popolare. No financial terms were disclosed.
F&C Private Equity has held a €30 million first close on Aurora Fund, which will acquire secondary interests in European private equity funds and co-investments. The final target is €45 million. Aurora Fund's first deal closed in October, when it bought Iceland-based Landsbanki's private equity fund interests.
Gulf Marine Maintenance and Offshore Service Co. (GMMOS), a UAE-based provider of marine services to the offshore oil & gas industry, has secured a $100 million term loan facility from Standard Chartered Bank, Abu Dhabi Commercial Bank, Credit Suisse and Deutsche Bank. The facility will be used to refinance existing debt and fund acquisitions. GMMOS is backed by Abraaj Capital and Waha Capital.